THE FUTURE OF ETFS: EVOLVED. TRANSPARENT. FLEXIBLE.
ACE Academy Masterclass
Livestream + On-Demand
Mark Gochnour, CPA, CFA®, Head of Global Client Services Group & Vice President, Dimensional Fund Advisors
Marlena Lee, PhD, Global Head of Investment Solutions, Dimensional Fund Advisors
The first exchange-traded funds (ETFs) available to investors were designed to track the performance of indexes. While index-based ETFs continue to be popular with investors due to generally low costs, broad diversification, low turnover, and transparent construction, the mechanical construction and rigid trading requirements of index funds reduce their ability to efficiently capture the returns of different asset classes. In contrast, actively managed ETFs aim to provide the same benefits of index-based approaches while also providing additional value through flexible, active implementation.